000 In Sales! Oviedo, FL 32765

Property Details for 000 In Sales!

Year built

2017

Property size

1,825 SF

Property type

Retail properties

Property subtype

Restaurants

Description

This turnkey restaurant in Oviedo, Florida, presents a unique investment opportunity. Located near the University of Central Florida, this 1,825 square foot establishment boasts over $400,000 in annual sales and is fully equipped for immediate operation. The lease expires September 29, 2027, with a monthly rent of $4,834, inclusive of CAM, taxes, and insurance. The restaurant features a fully operational kitchen including a hood system, grease trap, six-burner stove, two fryers, and ample prep space. Seating for approximately 44 patrons is provided with tables, chairs, and booths. Included equipment also encompasses a POS system, display case, reach-in freezer, ice machine, and various smallwares. The restaurant currently operates six days a week, closing on Sundays, offering significant potential for increased revenue by extending operating hours. Built in 2017, the property benefits from high visibility in a location with over 39,000 vehicles passing daily. The current owner is retiring, providing a seamless transition for a new operator. While the current cash flow is zero, the substantial sales history demonstrates the significant potential for profitability under new management. The sale includes a pylon sign and up to five days of training from the current owner. This is an exceptional opportunity for a seasoned restaurateur or ambitious entrepreneur to acquire a profitable business with immediate earning potential.